Magazine article Screen International

China's DMG Strikes Partnership with Valiant

Magazine article Screen International

China's DMG Strikes Partnership with Valiant

Article excerpt

Pact will see DMG produce films based on Valiant comic character

Beijing-based DMG Entertainment has struck a partnership with Valiant Entertainment under which the two companies will co-produce theatrical features based on the comic-book publisher's library of more than 2,000 characters.

The deal also spans TV production, licensing and publishing. Valiant characters include X-O Manowar, Bloodshot, Harbinger, Shadowman and Archer & Armstrong.

According to a statement, DMG has made an "eight-figure" (US$) equity investment into Valiant and dedicated a further "nine-figure" sum towards production of theatrical films and TV programmes based on Valiant's superhero characters.

Previously-announced Valiant feature films in development include Bloodshot, from Sony Pictures and Original Films; Shadowman, in partnership with the Sean Daniel Company from a script by J. Michael Straczynski; and Archer & Armstrong, also with the Sean Daniel Company from a script by BenDavid Grabinski.

"Global markets, like China, offer the greatest opportunities for monetisation from merchandising, licensing, as well as revenues from film and television properties," said DMG CEO Dan Mintz. …

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